Will Fyers set aside the huge disparity in hair cut (somewhere 3.25 times) in collateral pledging esp in liquid and less volatile ETFs and help clients to trade better?
I too was surprised to see the disparity in the haircut on collateral, as pointed out in one of your earlier post. That information was disappointing.
My understanding was that collateral haircut was decided by the exchange and all the front-line brokers followed a uniform haircut as allowed by the exchange.
Hey @sushma_jejurkar, Need more details to answer your question.
Yes, it is decided by the exchange.